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Govt's $5 trillion economy will remain a pipe dream if slowdown continues: Manmohan SinghFormer Prime Minister Manmohan Singh on Thursday said there was no hope of Modi government's promise of USD 5 trillion economy becoming a reality if growth kept going down the way it has for the last five quarters. Addressing Congress leaders at a meeting here, he said that at least one million people may lose their jobs if a stimulus package is not given to the auto sector, which is crying fo...

Riding high on hopes of GST rate cut, BSE auto index gained 3.6 per cent, or 565.52 points, to close at 16,665, led by index heavyweights such as Tata Motors, Eicher Motors, Maruti Suzuki India, TVS Motor Company and Motherson Sumi Systems

In the last six months, BSE auto sector index skidded 36 per cent and NSE's Nifty auto index too dropped nearly 36 per cent in the same period, dented by weak consumer sentiment and slowdown in the sector

Government data said wholesale inflation in food articles was 6.15 per cent in July as against 6.98 per cent in the previous month. The WPI-based inflation was 2.02 per cent in June and 2.45 per cent in May

The rupee rebounded from the six-month low and appreciated by 55 paise to 70.85 against the US dollar in early trade on Wednesday amid positive opening in domestic equity market and easing crude oil prices.